Carole M. Bass’ Post

On December 3, 2024, a Texas federal court issued a nationwide preliminary injunction blocking the enforcement of the Corporate Transparency Act (CTA), which includes a reporting requirement for Beneficial Ownership Information (BOI). The injunction could delay the January 1, 2025 reporting deadline for entities formed before 2024 and casts doubt on the CTA’s constitutionality. In this Client Alert, William Hanson, Natalie Lederman, Spencer Stone, Ida Vanto and Ziahang Zhou discuss the implications of the injunction and provide guidance for businesses navigating the evolving regulatory landscape. To read the full alert, click here: https://lnkd.in/eignY37v #WhatsYourNext

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